Lithia Motors Inc
LAD
Delayed Nyse - 06/22 10:02:03 pm
100.14USD
-1.56%

Good timing to anticipate the return of volatility

Envoyer par e-mail
David Meurisse
Contributor / Partner

Strategy published on : 03/20/2017 | 14:17

long trade
Stop-loss triggered

Entry price : 91.86$
Target : 119.5$
Stop-loss : 84.4$
Potential : 30.09%

After accumulation, acceleration. Timing appears favorable to go long in shares of Lithia Motors Inc and to anticipate an exit of the trading range on the upside.
Investors have an opportunity to buy the stock and target the $ 119.5.

Summary

● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.

● In a short-term perspective, the company has interesting fundamentals.


Strengths

● Graphically speaking, the timing seems perfect for purchasing the stock close to the USD 90.51 support.

● The group usually releases upbeat results with huge surprise rates.

● The company shows low valuation levels, with an enterprise value at 0.26 times its sales.

● The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.

● Over the past year, analysts have regularly revised upwards their sales forecast for the company.

● Over the last seven days, analysts have been revising upwards their EPS estimates for the company.

● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.

● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.

● The stock is in a well-established, long-term rising trend above the technical support level at 84.54 USD

Zonebourse.com 2018
Envoyer par e-mail